The Global Gastroscopes market is expected to reach USD 2.57 billion by 2023 from USD 1.51 billion in 2018, growing at a CAGR of 11.2 % from 2018 to 2023. Growing occurrences of gastric disorders like ulcers and improvements in the gastroscope technology and equipments are expected to drive the growth of the market during the forecast period. The high cost of the product and the subsequent risk of infections upon its use may restrain the growth of the market.

Note:1 Above Segmentation May Change During the Course of Planned Research Work.2 Financials, Recent Developments Might Not Be Captured in Case of Unlisted Companies.

The Global Gastroscopes market is expected to reach USD 2.57 billion by 2023 from USD 1.51 billion in 2018, growing at a CAGR of 11.2 % from 2018 to 2023. Growing occurrences of gastric disorders like ulcers and improvements in the gastroscope technology and equipments are expected to drive the growth of the market during the forecast period. The high cost of the product and the subsequent risk of infections upon its use may restrain the growth of the market.

North America dominates the gastroscopy market with the U.S. accounting for a major market share. Increasing demand for gastroscopes for its use in examination of ulcers and biopsy. The Asian market is poised to grow at the highest CAGR during the forecast period owing to increasing incidences of gastrointestinal diseases and focus of top players on expanding in this regional market.